Manager Financial Reporting & Book Closure

Quick Clean; Gurugram District; On-site; INR 1,500,000 - 2,000,000; Full time

Job summary

Quick Clean is seeking a capable Finance professional in Gurugram to own the monthly close, lead reporting, and strengthen internal controls. You will coordinate with accounts, operations, sales, HR, and others to ensure timely closure and accurate financial statements.

The role requires governance over the general ledger, audits, and MIS reporting. Responsibilities include preparing monthly statements, performing variance analyses, dashboards, and working capital reports, while ensuring policy

Qualifications

• Experience with month-end close processes
• Strong understanding of general ledger and financial reporting
• Ability to coordinate cross-functional teams

Responsibilities

• Own the monthly, quarterly, and annual financial close process.
• Prepare and manage the detailed book closure calendar.
• Coordinate with Accounts, Operations, Sales, HR, Procurement, Payroll, and Tax teams to ensure timely completion of all close activities.
• Review completion of all month-end accounting entries, including revenue recognition, expense booking, accruals and provisions, prepaid expenses, payroll accounting, depreciation and amortization, fixed asset accounting, inter-company transactions.
• Ensure books are closed within agreed timelines.
• Prepare monthly financial statements and review Trial Balance and General Ledger for completeness and accuracy.
• Prepare Balance Sheet schedules and supporting reconciliations, and perform variance analysis against Budget, Forecast, and Previous Period.
• Develop dashboards and analytical reports for senior management.
• Ensure the integrity of the General Ledger, review journal entries and accounting adjustments, monitor ledger accuracy and account classifications, review suspense and clearing accounts, ensure proper accounting treatment per standards.
• Prepare monthly Balance Sheet review packs, review ageing of receivables, payables, advances, deposits, and other balances, monitor provisions and accruals, ensure timely reconciliation of Balance Sheet accounts, identify unusual transactions and recommend corrective actions.
• Coordinate Statutory Audit, Internal Audit, and Tax Audit; prepare audit schedules and supporting documentation; track audit observations and act as primary finance coordinator for auditors.
• Develop and strengthen month-end closing SOPs, standardize accounting processes, improve documentation and audit trails, recommend automation and efficiency improvements, ensure compliance with internal controls.
• Prepare cash flow summaries and working capital reports, support budgeting and forecasting with actual financial data.
• Cross-functional coordination with Operations, Sales, Procurement, HR, Payroll, Taxation, Secretarial & Legal, External and Internal Auditors to ensure complete and accurate financial reporting.
• Deliverables include monthly books closed on time, audit schedules completed, balance sheet reconciliations, trial balance reviewed and approved, financial statements prepared, variance analysis for management review, compliance with accounting policies and internal controls.

Job description

Key Responsibilities

1. Financial Close & Record-to-Report (Primary Responsibility)

• Own the monthly, quarterly, and annual financial close process.
• Prepare and manage the detailed book closure calendar.
• Coordinate with Accounts, Operations, Sales, HR, Procurement, Payroll, and Tax teams to ensure timely completion of all close activities.
• Review completion of all month-end accounting entries, including:
• Revenue recognition
• Expense booking
• Accruals and provisions
• Prepaid expenses
• Payroll accounting
• Depreciation and amortization
• Fixed asset accounting
• Inter-company transactions
• Ensure books are closed within agreed timelines.

2. Financial Reporting

• Prepare monthly financial statements.
• Review Trial Balance and General Ledger for completeness and accuracy.
• Prepare Balance Sheet schedules and supporting reconciliations.
• Perform variance analysis against Budget, Forecast, and Previous Period.
• Develop dashboards and analytical reports for senior management.

3. General Ledger Governance

• Ensure the integrity of the General Ledger.
• Review journal entries and accounting adjustments.
• Monitor ledger accuracy and account classifications.
• Review suspense accounts and clearing accounts.
• Ensure proper accounting treatment in accordance with applicable accounting standards.

4. Balance Sheet Review

• Prepare monthly Balance Sheet review packs.
• Review ageing of receivables, payables, advances, deposits, and other key balances.
• Monitor provisions and accruals.
• Ensure timely reconciliation of all Balance Sheet accounts.
• Identify unusual transactions and recommend corrective actions.

5. Audit Management

• Coordinate Statutory Audit.
• Coordinate Internal Audit.
• Coordinate Tax Audit.
• Prepare audit schedules and supporting documentation.
• Track audit observations and ensure timely closure.
• Act as the primary finance coordinator for auditors.

6. Internal Controls (IFC)

• Develop and strengthen month-end closing SOPs.
• Standardize accounting processes.
• Improve documentation and audit trails.
• Recommend process automation and efficiency improvements.
• Ensure compliance with internal financial controls.

7. MIS & Management Reporting

Prepare financial dashboards.

Prepare cash flow summaries and working capital reports.

• Support budgeting and forecasting with actual financial data.

8. Cross-Functional Coordination

Work closely with:

• Operations
• Sales
• Procurement
• Human Resources
• Payroll
• Taxation
• Secretarial & Legal
• External Auditors
• Internal Auditors

to ensure complete and accurate financial reporting.

Key Deliverables

• Monthly books closed within agreed timeline.
• Audit schedules completed accurately.
• Balance Sheet reconciliations completed monthly.
• Trial Balance reviewed and approved.
• Financial statements prepared accurately.
• Variance analysis completed for management review.
• Compliance with accounting policies and internal controls.